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$1,195,000
Status: For Sale
Prime Downtown Location for Sale! This versatile 4-unit, mixed-use property offers a 3,000 sq/ft 1.5-story structure, with 2 commercial units at the front and 2 residential units at the back. Each residential unit has two levels, private patios, separate entrances, and parking. All tenants are on month-to-month leases. A single retailer rents both commercial spaces, which include an unfinished basement for storage, laundry and a staff washroom. The South residential unit (207) approx 1,100sq/ft and features a loft-style 1-bedroom + den with vaulted ceilings, skylight and a private back patio. The North residential unit(209) approx 820 sq/ft and offers an open kitchen, living and dining space leading to a private patio, two bedrooms and a four-piece bathroom upstairs. Building improvements include a new metal roof (2019) updated furnaces (2019 & 2021) hot water tanks(2020 & 2022), and separate hydro meters. Not heritage-designated, this property offers potential for future development
Property Type | :Commercial |
MLS Number | :X8322268 |
Listing Type | :Sale |
Property Age | :100+ years |
Possession Date | : |
Last Updated | :09 May, 2024 (121 Days ago) |
Source | :TRREB |
Area | :Elgin |
Postal Code | : N5L 1C4 |
Price | :$1,195,000 |
Property Taxes | :$8307.84 |
Tax Year | :2023 |
Cross Street | :Jamieson |
Fireplace/Stove | :No |
09 May, 2024
TREB #X8322268
Available
$1195000.0